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20110701
20110731
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and democrats appear to be far apart. the big sticking point is taxes. the president says any agreement must include revenue increases but republicans are fiercely opposed. >> to get a big package would require a big tax increases in the middle of an economic situation that's extraordinarily difficult with 9.2% unemployment. we think it's a terrible idea. it's a job killer. >> if no deal is reached by august 2, the u.s. may not be able to borrow money to keep the government running and could default on its massive loans. >> if they don't act we face cats troverric damage to the american economy. >> some republicans favor cutting spending by $2 trillion. they use the obama administration of scare tactics claiming the u.s. has the money. it will not default and that there is no reason to panic. >> both sides are scheduled to meet again later today. >>> two years after being rescued from her kidnappers, jaycee dugard talks about her time in captivity in a television interview. >> her nightmare began in 1991 when she was snatched from a school bus stop by a couple at the age of eleven. she was h
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